Sale and Securitisation of Government
100. Last year,
the Government successfully launched the $6 billion
securitisation of revenues from the government tolled
tunnels and bridges as well as its $20 billion bond
there has been a hitch in the Housing Authority's sale
of its retail and car parking facilities, this will not
affect the Government's intention to sell or
securitise its own assets.
For example, the Government is conducting a
public consultation on the privatisation of the Airport
are also continuing our discussions with the two railway
corporations over a possible merger.
The sale and securitisation of assets will not
only provide the public with more investment options,
but also ensure a more effective use of resources.
The Government will, in accordance with the
principle of ig Market, Small Government?
continue to identify suitable assets for sale or
securitisation in order to reduce the share of the
public sector in the economy and give more scope for the
private sector to develop.